ChargeBee, an online subscription and recurring billing management solutions provider, has partnered with Worldpay, a global leader in payment processing, to offer a new integrated payments solution for subscription billing.
This announcement marks the beginning of a unique collaboration in online payments, by allowing ChargeBee customers to benefit from Worldpay’s eCommerce solutions – all via a single pre-built integration – combining access to pure cloud-based SaaS billing and global payment processing.
The partnership benefits businesses by providing:
- A robust online subscription billing platform for package subscriptions or recurring payments
- A secure and consistent experience for a consumers' preferred payment method or marketplace
- The ability to hasten their speed to market, whilst saving on development costs and resources.
There are already more than 20 businesses of all sizes operating in India, Australia, Hong Kong, New Zealand, Singapore, United Kingdom and United States, using the bespoke integration module.
“Our partnership with Worldpay will allow companies to streamline their billing and payment services, providing enhanced efficiency and helping to drive results for their business. Together with Worldpay, we offer innovative solutions in two critical areas —subscription billing and recurring payment processing — for businesses of any size and industry,” notes Krish Subramanian, Co-founder and CEO of ChargeBee.
Kevin Dallas, Chief Product
Kevin Dallas, Chief Product and Marketing Officer, Global eCommerce at Worldpay added, “Recurring payments and subscription models are becoming more popular, as consumers adapt their consumption habits to pay only for those items and services they wish to use. Our partnership with ChargeBee is a natural synergy, which delivers choice, value and peace of mind to companies using subscription billing, or those looking to adopt this model to help them grow globally.”
Freshdesk, a cloud based customer support software provider is the first enterprise customer to benefit from the new pre-built integration, which has enabled the company to reach a broader client base by offering multi-currency payments to its customers around the world.
Girish Mathrubootham, CEO of Freshdesk
Girish Mathrubootham, CEO of Freshdesk confirmed: “Flexibility is vital for Freshdesk. Using the customised integration between Worldpay and ChargeBee we’ve been able to scale quickly by accepting payments in local currencies and settle back into our currency of choice. Working with Worldpay has also opened up opportunities in Asia and Latin America for us by enabling alternative payment methods where credit card penetration is low.” Mathrubootham adds, “We have benefited from the collaborative and consultative approach both ChargeBee and Worldpay offer their clients. Since we went live, we have seen our credit card acceptance rates increase by 5%.”
Launched in 2011, ChargeBee is a globally relevant recurring revenue services company that helps businesses manage their billing, payments, subscriptions, security, error handling and invoicing services in an efficient and cost-effective method, while allowing them to focus on growing their businesses. Offering exceptional customer service and a flexible, tailored approach to providing solutions that best suit customers’ needs, their client list continues to expand. Headquartered in Chennai, India, ChargeBee also has a US office in Walnut, CA and is backed by Accel Partners and Tiger Global.